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FY2026 Earnings Forecast for ABB Issued By Erste Group Bank

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Key Points

  • Erste Group Bank raised ABB’s FY2026 earnings forecast to $3.38 per share from $3.31 and forecast FY2027 earnings of $3.74 per share, while maintaining a “Hold” rating. The FY2026 estimate remains below the broader consensus of $3.84 per share.
  • ABB’s latest quarterly results fell short on earnings, reporting $0.66 per share versus the $0.79 consensus, although revenue of $9.47 billion exceeded estimates of $9.34 billion.
  • Analyst sentiment remains cautious overall, with MarketBeat reporting a consensus “Hold” rating from two Strong Buy, one Buy and ten Hold ratings. ABB shares opened at $95.53, below their 50-day and 200-day moving averages.
  • Interested in ABB? Here are five stocks we like better.

ABB Ltd (OTCMKTS:ABBNY - Free Report) - Investment analysts at Erste Group Bank raised their FY2026 earnings estimates for ABB in a research report issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the industrial products company will earn $3.38 per share for the year, up from their prior forecast of $3.31. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for ABB's current full-year earnings is $3.84 per share. Erste Group Bank also issued estimates for ABB's FY2027 earnings at $3.74 EPS.

ABB (OTCMKTS:ABBNY - Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The industrial products company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.13). ABB had a net margin of 13.86% and a return on equity of 31.25%. The firm had revenue of $9.47 billion for the quarter, compared to the consensus estimate of $9.34 billion.

A number of other research firms have also commented on ABBNY. Pareto Securities raised ABB from a "hold" rating to a "buy" rating in a report on Thursday, July 16th. Citigroup reaffirmed a "neutral" rating on shares of ABB in a research report on Thursday, June 18th. Dnb Carnegie upgraded ABB from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. TD Cowen reissued a "hold" rating on shares of ABB in a research report on Tuesday, June 30th. Finally, Royal Bank Of Canada restated a "sector perform" rating on shares of ABB in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

View Our Latest Report on ABB

ABB Stock Performance

ABBNY stock opened at $95.53 on Tuesday. The stock's 50 day simple moving average is $98.13 and its 200 day simple moving average is $99.09. The company has a current ratio of 1.43, a quick ratio of 1.08 and a debt-to-equity ratio of 0.40. ABB has a 12-month low of $67.24 and a 12-month high of $110.20. The stock has a market capitalization of $174.17 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 1.28 and a beta of 1.35.

Institutional Investors Weigh In On ABB

An institutional investor recently bought a new stake in ABB stock. North Star Asset Management Inc. purchased a new position in ABB Ltd (OTCMKTS:ABBNY - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,205 shares of the industrial products company's stock, valued at approximately $240,000. 1.06% of the stock is owned by institutional investors.

About ABB

(Get Free Report)

ABB Ltd. is a Switzerland-based global technology company that develops electrification, automation and motion solutions for industrial, commercial and utility customers. Its products and systems help organizations improve energy efficiency, operational productivity, reliability and sustainability across a range of applications.

The company's business activities include electrical distribution and control equipment, low- and medium-voltage products, industrial drives, motors, power-conversion systems, robotics and machine-automation technologies.

Read More

Earnings History and Estimates for ABB (OTCMKTS:ABBNY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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